Panama City Real Estate
Panama City market snapshot
Calculated by INNOVATE Real Estate from MLS-sourced listing data for Panama City, refreshed nightly -- updated Oct 23, 2026.
Currently for sale in Panama City
See all 29 →
Recently sold in Panama City
Last 6 months. Real comps from the MLS, not estimates.
Popular neighborhoods in Panama City
Ranked by active MLS listings right now.
Walkability
Blended score for Panama City's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.
Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 469
- Student:teacher ratio
- 15.1:1
- District
- BAY
- Enrollment
- 438
- Student:teacher ratio
- 21.9:1
- District
- BAY
- Enrollment
- 1,393
- Student:teacher ratio
- 19.9:1
- District
- BAY
ZIP codes in Panama City
Panama City real estate FAQ
How many homes are for sale in Panama City right now?+
There are currently 29 active listings in Panama City, Florida, pulled directly from the MLS.
What is the median home price in Panama City?+
The median list price for active listings in Panama City is $79,900. Homes are spending an average of 243 days on market.
Is Panama City's housing market up or down this year?+
Median closed-sale prices in Panama City have fallen 28.7% year over year, based on trailing 12-month MLS sales.
What are the most popular neighborhoods in Panama City?+
Based on current active listings, the neighborhoods with the most homes for sale in Panama City are EAST BAY POINT, SANDY CRK RANCH & CC PH 02, SHOPES 1ST ADD.
What schools serve Panama City?+
The closest public schools to Panama City's center are CALLAWAY ELEMENTARY SCHOOL, BAY HAVEN CHARTER MIDDLE SCHOOL, RUTHERFORD HIGH SCHOOL. See the schools section above for grade levels and district details.
Is Panama City walkable?+
Panama City's center has a walkability score of 41 out of 100, blending EPA's National Walkability Index with nearby-amenity density.